N.Y. Education Law § 2124: Collector's official undertaking in common school district

§ 2124. Collector's official undertaking in common school district.

1. It shall be the duty of the collector, before entering upon the

discharge of his duties to execute and deliver to the trustees of the

district, his official undertaking, with a corporate surety, to be

approved by a majority of the trustees and by the district

superintendent of schools, in such amount as the district meeting shall

have fixed, or if such meeting shall not have fixed the amount then in

such amount as the trustees with the approval of the district

superintendent of schools shall deem reasonable, conditioned for the due

and faithful execution of the duties of his office and for the proper

accounting for all moneys that may come into the hands of such collector

from any source whatsoever.

2. The trustees, upon receiving said official undertaking, shall, if

they approve thereof, adopt a resolution to that effect, and if the

district superintendent also approve thereof he shall indorse his

approval thereon, whereupon the trustees or the district superintendent

shall forthwith file the same with the clerk of the district. The

expense of any undertaking executed pursuant to this section shall be a

school district charge.